FAA ISSUES NEW AIRCRAFT LEASING GUIDANCE

In February 2016, the FAA, for the first time in nearly forty years, replaced its Advisory Circular on aircraft leasing. (AC91-37B (February 10, 2016), superseding and replacing AC91-37A (January 16, 1978).) The new guidance expresses the FAA’s continuing concern over arrangements where operational control is retained by the aircraft lessor, and that thus constitute de facto uncertificated air charter. Also included are some noteworthy additions, such as (a) a statement that the operational control concerns apply to aircraft of all sizes (even though the specific subject of the Advisory Circular relates only to large aircraft,

FAA RULES ON RVSM OPERATIONS: IMPLICATIONS FOR MULTI-OPERATOR AIRCRAFT

On January 24, 2014, the FAA issued a new National Policy on operations in Reduced Vertical Separation Minimum (“RVSM”) airspace. (FAA Notice N8900.250 and Revised FAA Order 8900.1.) One significant topic addressed is that, for aircraft with multiple operators (e.g., multiple lessees of a single aircraft), each one operating in RVSM airspace must possess its own, distinct letter of authorization (“LOA”) issued by the FAA for such operations. The policy further provides for an expedited process to obtain additional LOAs after a single LOA has been issued,

ANNOUNCEMENT NEW ADVOCATE WEBSITE LAUNCHED

Aircraft Operations & Legal, Aviation General

HOW TO JOINTLY OWN AN AIRCRAFT, TAX, LIABILITY, AND OPERATIONAL ISSUES

Aircraft Operations & Legal, Co-Ownership

HOW TO REGISTER FOR CAPE TOWN

Step 1. Select one person from the company who will make the application to the International Registry.

The first principal, agent or employee of your “transaction user entity”, or TUE (the company through which you are buying, selling or lending) who applies to the International Registry will be the “Administrator” for the company. The Administrator will have the right to submit or consent to any registrations with respect to the company. In other words,